1-4/87 MACMILLAN STREET, Ayr, QLD 4807

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For sale

$550,000 NEG

Solid Investment Opportunity Waiting at Your Door….

We have for one astute Investor this set of 4×2 bedroom block of Units in one of the best locations within the Ayr CBD…. Walking distance to everything on offer in either direction and holding a rent return of $820.00 per week with all four units having long-term tenants in place… Each unit offers spacious living and dining with 2 good sized bedrooms and tidy bathroom and laundry amenities…. Prominent features are listed below..

• The complex comprises of 4 × 2 bedroom Units on one title

• 1,093 sqm block with carport parking at back for one per unit with extra street parking at the front

• Gross return of 7.75% on investment with all currently tenanted

• Potential to renovate the Units and receive a higher rental return

• Perfect location being situated one Street away from the Main Street

• Open plan living areas, functional kitchen and much more….

A great one to add to your Investment portfolio or a great one to start.. Call to arrange your immediate inspection of this solid Unit complex today….

Nora rh 2020.profile
Principal/Sales
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Sales Representative

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Property Info:
  • Property ID: L1058524
  • Property Type: BlockOfUnits
  • Carports: 1
  • Land Area: 1093.0 sqm
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R&H Suburb Profile: Ayr

R&H Suburb Summary Houses
Number of sales 181
Average Price $242,403
Median Price $220,000
Median Rental Price $280 p.w.
Change in Rental Rate (5yr) 8 %
R&H Suburb Summary Units
Number of sales 26
Average Price $187,212
Median Price $145,000
Median Rental Price $218 p.w.
Change in Rental Rate (5yr) 2 %
Ayr, QLD - Median Trend
$220,000